Legal Opinion
In Re the Trust Established Under Trust Agreement of Boright
Supreme Court of Minnesota
Decided November 15, 1985No. CO-84-993PublishedCited by 3 opinions
1Opinion of the Court
COYNE, Justice.
Michael T. Mattox, a remainderman under a trust created by Thomas A. Boright, Sr., deceased, has obtained further review of a decision by a panel of the court of appeals, the majority holding that the trial court erred in directing the trustee to purchase an annuity contract providing the surviving life beneficiary under the trust, Ana Gutierrez, a life annuity of $12,000 per year and to distribute the remaining assets to the remainder beneficiaries. The trustee, First National Bank of Minneapolis, joined in the application for further review, seeking resolution of questions…
2Cases cited7 opinions
- Simmons v. Northwestern Trust Co.Supreme Court of Minnesota · 1917
- Matter of Great Northern Iron Ore PropertiesSupreme Court of Minnesota · 1978
- First Methodist Episcopal Church v. HullSupreme Court of Iowa · 1938
- In Re Trust of TuffordSupreme Court of Minnesota · 1966
- In Re the Trust Established Under Trust Agreement of BorightCourt of Appeals of Minnesota · 1985
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3Cited by3 opinions
- Estate of Somers v. Firstar BankSupreme Court of Kansas · 2004
- University of Maine Foundation v. Fleet Bank of MaineSupreme Judicial Court of Maine · 2003
- In re the Trust Established Under Trust Agreement of BorightCourt of Appeals of Minnesota · 1986